PDF Ebook , by Brooke Harrington
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, by Brooke Harrington
PDF Ebook , by Brooke Harrington
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Product details
File Size: 2395 KB
Print Length: 389 pages
Publisher: Harvard University Press (September 12, 2016)
Publication Date: September 12, 2016
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B01INP11GU
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Amazon Best Sellers Rank:
#14,116 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
The topic is very interesting, but I didn't enjoy this book as much as I hoped I would.One of the "hooks" of the book is that the author was able to gain a high degree of access to the wealth management community, and because of this I was hoping for a heavy dose of specific examples and anecdotes. However, those felt few and far between. Instead, there was a lot of discussion of wealth management techniques generally and how the field has changed over time, all presented in a way that felt a bit more like an academic paper than a book. There was also quite a bit of repetition in the form of references to things that had already been discussed or were about to be discussed.
The author documents important factors in the rise of economic inequality and the mechanisms by which this is being transformed from meritocratic income to inherited and self perpetuating privilege. The rise of trusts and wealth management is having a tremendous impact on the governability of democracies by at once stripping them of taxable wealth and forcing them, in their attempts to retain wealth from flight to tax havens, to drastically reduce revenue gathering from the rich. This forces further regressive taxation on working people and cuts in services to working people, amplifying the divide separating those who produce from those who reap the rewards. Read this book as a companion to Piketty's "Capital in the 21st Century."
A fascinating - and provoking in a way - look into a parallel society where the normal rules, values and obligations simply does not apply.
This doesn’t read like a novel, but more like heavy research. The level of detail is eye opening though.
Essential reading for anyone interested in the questions posed by the rise in inequality, globalization and the rise of the transnational elite that are beholden to no laws of any nation.
Item exactly as described
Decent, a bit boring and academic.
I could not finish reading this book it is very technical and for Wealth Managers and not for the general public.
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